Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$46,198$46,198$175,500
Remaining term (yrs)18.918.930.0
Secondary amount$0$129,302$0
Funding fee$0$0$0
Note rate3.680%3.680%7.400%
Blended rate4.530%7.087%7.640%
1st payment$281.95$281.95$1,215.13
2nd payment$0.00$862.01$0.00
Taxes / mo$216.00$216.00$216.00
Insurance / mo$150.00$150.00$150.00
MI / mo$43.50$43.50$35.10
HOA / mo$0.00$0.00$0.00
Total monthly$691.44$1,553.46$1,616.23
Cash to close$148,802$19,500$19,500